Links for 2007-12-10

• Emap downgraded to "hold" | newratings.com Analyst Alex DeGroote of Panmure Gordon downgrades Emap Plc (ticker: EMA-GBX) from "buy" to "hold." The target price has been reduced from 925p to 800p.
• Failed Emap bidders hope for Bauer sell-on According to reports there is hope among the failed bidders for Emap's consumer magazines that their new owner, German publisher H Bauer, will dispose of some of the titles.
• Emap sheds consumer and radio arms to H Bauer for £1.14bn Emap could shake up its print contracts following the sale of its consumer title and radio divisions to H Bauer, as it strengthen its focus on business magazine publishing
• Emap drops 10% after $2.3 bln sale disappoints investors - MarketWatch Shares in the U.K.'s Emap fell nearly 10% Friday after the media group said it'll sell its consumer magazine and radio operations for 1.14 billion pounds ($2.33 billion), but will retain its business-to-business division.
• Scotland on Sunday - Business - Clyde and Forth sold up the river with German move but better off the Emap It has been a long time since the likes of Clyde and Forth have been truly independent, but there is something depressing about the way Emap has parcelled them up with its other stations and flogged them just a couple of years after buying Scottish Radio
• Emap shareholders to fight big asset sell-off - Times Online EMAP shareholders may try to scupper the sale of the media group’s radio and magazine divisions after its auction of assets fell short of expectations.
• Failed Emap bidders want Bauer cast-offs - Financial Times- msnbc.com Disappointed bidders for Emap's consumer titles are hoping that magazines such as Trout & Salmon may be cast over the side of H Bauer Verlag's boat after the publisher of Bella and Take A Break won them via an extended auction process.